Key Scottish renewables developer on track to invest £1 billion-plus
“Wind yields in 2025 were below average, but we have still delivered solid commercial returns” – Simon Fisher, OnPath Energy
A UK renewables developer that plans to invest more than £1 billion in clean energy projects over the next five years is exploring a range of potential new developments across Scotland.
OnPath Energy, which operates a dedicated Scottish office in Bellshill, said it was continuing to invest in its business growth strategy after reporting a “healthy” full-year profit.
The Sunderland-headquartered firm posted turnover of £73.4 million and an operating profit of £22.7m for its past financial year, which compares with turnover of £95.7m and a sharply higher operating profit of £69.4m during the 15 months to the end of September 2024.
Bosses said the group was on track to achieve its ambition of investing more than £1bn in green energy projects over the next five years as it works towards becoming “the UK’s leading onshore renewables developer”. Having built 14 onshore wind farms across the UK, the company said it was growing its development pipeline and expects to bring forward several new project proposals in England in the coming months, while it is currently exploring a range of potential new development locations across Scotland, England and Wales.
Simon Fisher, chief financial officer at OnPath Energy, said: “Onshore wind energy is playing an increasingly important role in the UK’s long-term energy security strategy while also delivering significant supply chain investment, UK jobs, improving energy affordability and social benefits for local communities, local supply chain businesses and the wider economy.
“Wind yields in 2025 were below average, but we have still delivered solid commercial returns while continuing the evolution of the business towards a primary focus on developing and building new onshore wind farms across the UK.
“In the coming months, we will add another 73MW [megawatt) capacity to our operating portfolio with the energisation of Mill Rig Wind Farm in South Lanarkshire and the Barnsdale Solar Park in West Yorkshire, with the commissioning of the Common Farm Solar Park in South Yorkshire then set to follow.”
He added: “Acquisitions and divestments continue to be a critical part of our growth strategy, with capital reinvestment helping us to grow our pipeline as we bring forward new projects, which in turn creates jobs and supply chain opportunities for UK businesses, improves energy affordability for UK consumers while also accelerating our contribution to a fair and inclusive just transition.”
The firm acquired the Milton Keynes Wind Farm in Buckinghamshire and Pates Hill Wind Farm in West Lothian at the beginning of 2025 and has since entered into an option agreement, subject to certain project milestones and conditions, to acquire a majority stake in three onshore wind farms under development in South Lanarkshire.
Earlier this year, the company completed the sale of seven English onshore wind farms to The ERG Group, releasing capital to support the development of new onshore wind farms across the UK. OnPath’s Lethans Extension Wind Farm in East Ayrshire was also awarded a crucial contracts for difference (CfD) in the UK government’s latest allocation round.
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